Small Business

Perspective Requires Multiple Views

When you are told you need a new perspective how do you respond? Some of the definitions of perspective include the state of one’s ideas and a way of picturing something spatially. So, we hear statements like, “That’s your opinion, but I have a different perspective.” There in is the rub. We have a tendency to reduce others’ perspectives to opinions. But, what if we look at this a little differently? Read the rest of this entry »

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Change and Adapt to Grow

Take some time to think about how you are now versus how you were 5, 10, 15 or more years ago. If you are like me you see someone very different. We all change and adapt to grow whether intentionally or not. Read the rest of this entry »

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Starting Over is Not Always Bad

We’ve all had an occasion where we realized what we were doing was not going to work and had to start over. While frustrating, starting over is not always bad and can actually be a good thing. The key is to get over the frustration quickly and don’t carry it over as baggage in a new attempt. Read the rest of this entry »

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Be Honest with Customers

Good service requires that you be honest with customers even if it means you may lose some sales. Yet, despite this requirement some companies simply are unable to tell a customer that they cannot help them with their needs or even lie to get the business. I say requirement because Read the rest of this entry »

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Are You Making Things Happen?

If you are a business owner are you content to just sit back and wait to see what happens next with your company? As a rule, probably not, right? But, maybe you actually do this more than you realize. Here’s what I mean. Read the rest of this entry »

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Every Business Needs Accounting Done Right

Whether you’re a sole proprietor or a multi-employee small company, every business needs accounting done right. In the article Does a Part-time CFO Makes Sense? I touched on this issue, but let’s look a little deeper. Read the rest of this entry »

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Keep Communications with Customers Open

Have you ever wondered why you lose customers when you thought the products you offered were exceptional as was your service? Maybe you’re not seeing, hearing or thinking the same thing as your customers. Read the rest of this entry »

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Don’t Let Vendors Become Complacent

If you are diligent you will likely find that you can get better deals from your vendors than you are led to believe. Read the rest of this entry »

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Clear Vision Produces Clear Communication

Imagine trying to explain something to someone when you don’t see it clearly yourself. Difficult as that would be we do it regularly in business. Read the rest of this entry »

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Excessive Inventory Can Be a Burden

This continues a series of posts focusing on how to manage cash and how managing assets, expenses, and liabilities impact it. Along with accounts receivable which I discussed in Read the rest of this entry »

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